Quidnet Energy was awarded $3,298,786 under the category of Geomechanical Pumped Storage.
ARPA E PROGRAM GENERATOR
When energy is needed later, the induced strain in the surrounding rock will force water back through a generator to produce electricity.” – ARPA-E The same team leads a Phase 1 project (3. The team will pump pressurized water into gaps in underground rocks. Support DOE in implementing potential new fusion programs (e.g., public-private partnerships, cost-share programs, etc. The Illinois team is the only group nationwide to be twice awarded funds in ARPA-E’s SMARTFARM program in its two funding phases. “The Quidnet Energy team will develop a modified pumped hydro energy storage system using rocks beneath the Earth’s surface. These SCALEUP Fast-Track teams, Natron Energy and Bridger Photonics, will receive. The extended discharge times of DAYS projects will enable a new set of grid applications including long-lasting backup power and greater integration of domestic, renewable energy resources.” – ARPA-E. The US Department of Energy (DOE) announced 24 million in funding for 2 projects as part of the first stage of the Advanced Research Projects Agency-Energy’s (ARPA-E) Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. ARPA-E to award 27M for advanced nuclear reactor systems operational technology: GEMINA The US Department of Energy announced 27 million in funding for 9 projects as part of the Advanced Research Projects Agency-Energy’s (ARPA-E) Generating Electricity Managed by Intelligent Nuclear Assets (GEMINA) program. This program will, “develop energy storage systems that provide power to the electric grid for durations of 10 to approximately 100 hours, opening significant new opportunities to increase grid resilience and performance. Diakont received this competitive award via ARPA-E’s Rapid Encapsulation of Pipelines Avoiding Intensive Replacement (REPAIR) program, whose objective is to develop technologies to reduce natural gas leaks from legacy pipelines by developing a suite of technologies that enable the automated construction of new pipe inside existing pipe. As you know, DOE plays an important role in the development and. We are proud to announce that Quidnet Energy, a CEVG portfolio company, was one of ten projects selected as part of ARPA-E’s new DAYS (Duration Addition to electricitY Storage) program. (ARPA-E) program, Energy Innovation Hubs, and Energy Frontier Research Centers (EFRCs).